Pacific Brands Limited
(ASX:PBG) has posted a lift in net profit to $24.3 million in the first half to 31 December 2015.
This marks a bounce back from a loss of $108.7 million in the previous corresponding period.
The owner of Sheridan, Berlei and Bonds reported sales growth of 8.6 percent with all major brands in growth.
The company acknowledged it faces significant FX depreciation headwinds and that a range of actions are being taken to mitigate the impact including the implementation of price increases.
Pacific Brands announced an interim dividend of 1.6 cents, fully franked.
